Calculate Embedded Emissions for Unwrought Aluminium (HS7601)

Enter your input

Payable emissions (tCO₂e/t)

Total CBAM Cost (€)

Notes:
There may be a difference when calculating the price with respect to import volume, carbon price, and benchmark emissions, as the embedded formula may result in minor variations due to decimal rounding. Therefore, the actual value may vary.

CBAM is applicable to trade volumes starting from 50 metric tonnes. For trade volumes below 50 metric tonnes, CBAM does not apply.

Usage Procedure – How to use the CBAM Calculator Sheet

Enter or update values only in the INPUT
PARAMETERS section (Highlighted in blue) , including
the carbon price, benchmark emissions, CBAM
chargeable percentage (as per the phase-in year),
and imported quantity.

The system will automatically calculate the payable
emissions and the total CBAM cost (€) based on the
inputs provided.

Notes:
• Change any input value to automatically update CBAM cost.
• Formula used: Carbon price × payable emissions × quantity.
• Model aligned with CBAM supplier-side illustrative methodology.

24 JANUARY 2019 AL CIRCLE

A stronger SHFE contract pushed LME aluminium to the month's highest last night; contract slips to US$1,896 per tonne

EDITED BY : BEETHIKA BISWAS 2MINS READ

The US dollar decreased against a basket of currencies as uncertainties over trade and the global economy clouded the currency's near-term outlook. The dollar index dipped to the lowest in three days at 96.04. Base metals rallied across the board and aluminium nudged up. SHFE aluminium went up 0.7%.

LME aluminium closed Wednesday’s trading higher at US$ 1877.50 per tonne. LME aluminium received support from a stronger SHFE contract. During night trading, the contract gained 1.4 per cent to tip the highest in a month at US$1,917 per tonne and then it slipped by 0.7 per cent to US$1,896 a tonne by 0117 GMT. Today, the contract is expected to trade at US$1,870-1,900 per tonne. The Trump administration is expected to lift sanctions on Rusal by Friday, which could mean that aluminium that had previously been caught by sanctions will be available to market. This is easing up the supply concern while putting pressure on price.

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As on January 23, LME aluminium cash (bid) price stood at US$ 1877 per tonne, LME official settlement price stands at US$ 1877.50 per tonne; 3-months bid price stands at US$ 1890 per tonne, 3-months offer price is US$ 1892 per tonne; Dec 19 bid price stands at US$ 2010 per tonne, and Dec 19 offer price stands at US$ 2015 per tonne.

The LME aluminium opening stock stood at 1301825 tonnes. Live Warrants totalled at 903700 tonnes, and Cancelled Warrants were 398125 tonnes.

LME aluminium 3-months Asian Reference Price is hovering at US$ 1893 per tonne.

SME and SHFE Aluminium Price Trend

The benchmark aluminium price on Shanghai Metal Exchange increased to US$ 1992 per tonne from US$ 1981 per tonne on January 22.

The SHFE 1903 contract climbed during the day and closed at RMB 13,520 per tonne yesterday. This helped it recover the losses from the previous day. Further capacity cuts at smelters in Shanxi and Shandong provinces bolstered the SHFE 1903 contract. It rose to a high of RMB13,610 per tonne but faced pressure at the 40-day moving average and settled above the daily moving average at RMB 13,575 per tonne. The contract is expected to trade at RMB 13,480-13,600 per tonne. Spot discounts are seen at RMB 80-40 per tonne.

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